EU

Spain's agricultural income growth is based on animal production

Livestock

Pig and poultry businesses had the best performance in 2017.

Posted on Jan 16 ,14:36

Spain's agricultural income growth is based on animal production

Spain is registering a second consecutive year of growth in the agrarian sector with a 5% increase of income, reaching a new historical record in the branch, of 49.2 billion euros, according to official data from the Ministry of Agriculture.

A good evolution of businesses in the animal production sector has balanced the decrease registered in vegetal production caused by drought and open fires. Also, the intermediate consumption has been reduced slightly, according to the information provided by the Minister of Agriculture, Isabel García Tejerina.

Compared to 2016, the animal production sector has performed with 8.8%, responding to a favorable evolution of prices, responsible for an 8.6% increase, while 0.2% is based on the animal production growth. The best performance in terms of value was observed in pigs (up to 10.2%) and poultry meat (up to 11%) but also in the value of the eggs (up to 25.3%). According to the ministry data, in 2017, the agrarian income surpassed that of 2012 by 28.2%.

 

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